The Hill, NSW, 2300
The Hill sits high above Newcastle CBD, a leafy suburb full of history and stately architecture. With easy access to the CBD, Darby St and King Edward Park, The Hill is perfectly positioned to take advantage of all Newcastle has to offer. Less than 1 km from the CBD, The Hill is surrounded by Newcastle to the north and east, the Tasman Sea to the south and Cooks Hill and Bar Beach to the west.
Home to 2,187 people, The Hill consists of historic houses and terraces, together with modern builds and units. The rental market makes up 52% of properties in the suburb, with 51% of residents identifying as managers and professionals. The average age of the population is 31, with 53% of residents aged under 45. Singles and couples dominate the suburb, making up over 70% of the population of The Hill.
Across The Hill, houses have an average long-term growth of 6.96%, marginally stronger than the unit growth rate of 6.10%. However, units provide a better rental investment, with a median rental yield of 3.84%, outperforming houses on 2.60%. Over the last 12 months, units have also grown in value by 3.52%, while houses have sustained negative growth of -23.64%. Despite this drop, The Hill remains a highly desirable and popular suburb with buyers and investors.
Current as of August 2018
Median house price - $1,300,000
Median unit price - $515,000
Median weekly house rental price - $650
Median weekly unit price - $380
Gross house rental yield - 2.60%
Gross unit rental yield - 3.84%
12 month growth (houses) - -23.64%
12 month growth (units) - 3.52%
Average long-term growth (houses) - 6.96%
Averaged long-term growth (units) - 6.10%
The Hill is famous for its terrace housing and heritage architecture. Highlight period and heritage features in your home to appeal to more buyers. Repaint ornate features, such as cornices and ceiling roses. Highlight original fireplaces, refurbish traditional hardwood floors and make a feature of dado boards and picture rails. Decorate to match the age of your property, ensuring you still offer the modern conveniences sought by discerning buyers.
As the name suggests, The Hill is the highest point of the city and boasts views to the beach, across the harbour and over much of the Newcastle LGA. If you have even the smallest glimpse of a view, use it to your advantage. Open up your windows to let in the view and the sea breeze. Set up living rooms with the view as the focal point and create comfortable outdoor spaces so prospective buyers can get a feel for the prestigious lifestyle of The Hill.
The Hill is one of the premier locations in Newcastle, so it makes sense to add a touch of luxury when selling your property. Consider investing in smart technology to wow potential buyers with integrated sound systems, security alarms and smart door locks. Upgrade your appliances to give the illusion of luxury, without the expense of a full renovation. Your property is sure to sell for top dollar if it represents the prestige and luxury of living on The Hill.
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Public |
Catholic |
Independent |
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Newcastle East PS Newcastle HS |
St Peter’s Stockton St Joseph’s Merewether Holy Family Merewether San Clemente (7-10) St Francis Xavier (11-12) |
Newcastle Grammar School St Philip’s Christian College Hunter Christian School |
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Medical |
Clubs |
Pubs |
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Cooks Hill Medical Centre Hunter St Medical Centre Lingard Hospital The Junction General Practice Darby St Family Practice |
Cooks Hill Surf Lifesaving Club |
Delany Hotel Foghorn Brewery Finnegan’s Hotel |
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Landmarks |
Parks |
Supermarkets |
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The Obelisk Christchurch Cathedral Strzelecki Lookout NBN TV Studio |
Nesca Park King Edward Park Arcadia Park Mosbri Cres Park Shepherd’s Hill Reserve |
Marketown Shopping Centre Junction Fair Aldi Newcastle Civic Grocer |
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